Bank OZK Provides $54.7M Loan For Office Property In West Adams | 3609 10th Avenue | Bank OZK | Spencer Richley, Jeff Sause, Paul Brindley | Office | Loan

Summary

Loan

CALIFORNIA

Office

107,199 sqft

The property involved in this closed transaction is an office located at 3609 10th Avenue in the West Adams market. The transaction took place on 05/24/2021.

Summary of transaction details:

Property Type: Office
Transaction Amount: $54,730,000
Square Footage: 107,199
Address: 3609 10th Avenue
Market: West Adams

The lender for this transaction was Bank OZK represented by Aram Zakian. Related Fund Management also participated in the loan. The landlord of the property is The Luzzatto Company, represented by Asher Luzzotto. JLL, represented by Paul Brindley, Jeff Sause, and Spencer Richley, acted as the brokers for this deal.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$246.6M Sold

Senior Managing Director

$193M Sold

JLL

Bank OZK

Details

Deal Summary

FINANCED

IMAGE: Aram Zakian, Paul Brindley, Asher Luzzotto, Jeff Sause, Marc Luzzatto, Spencer Richley & Jeff Blau DATE: 05/24/2021 ADDRESS: 3609 10th Avenue MARKET: West Adams ASSET TYPE: Office LENDER: Bank OZK - Aram Zakian & Related Fund Management LANDLORD: The Luzzatto Company - Asher Luzzotto BROKERS: Paul Brindley, Jeff Sause & Spencer Richley - JLL LOAN AMOUNT: $54,730,000 SF: 107,199

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Address3609 10th Avenue

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